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Pakistan Achieves Record Bumper Wheat Crop of 27.5 Million Tons

Prime Minister Shehbaz Sharif has attributed produce of 27.5 million metric tons of record bumper wheat crop in the country to the government’s efforts, provision of quality seed, uninterrupted supply of fertilizer, and the Kissan Package.In a meeting…

ECC approves supplementary grants worth over Rs912m

The Economic Coordination Committee has approved technical supplementary grants worth over 912 million rupees.The approval to this effect was granted during a meeting of ECC that was held in Islamabad on Thursday with Minister for Finance and Revenue S…

JS Bank to Offer Cash to Acquire BIPL Shares

The Board of Directors of JS Bank Limited (JSBL) in its meeting held on Wednesday resolved to pursue a public offer for a minimum 24.88 percent ordinary shares of BankIslami Pakistan Limited (BIPL), subject to a special majority resolution by the Bank…

Punjab Increases Bus Fares by Up to 267%

Punjab Government increased inter- and intra-city transport fees by up to 267%. Keep in mind that this applies to non-AC buses. The decision has sent shockwaves through the populace, who are already burdened by the rising cost of living. The massive i…

Hyundai Motor’s operating profit hits record high in Q1

Operating profit of Hyundai Motor, South Korea’s biggest carmaker, hit a record high in the first quarter due to strong automotive demand both at home and abroad, the company said Tuesday.Operating profit jumped 86.3 percent over the year to reach a n…

Banks, ATMs Running Low on Cash Ahead of Eid

Banks have been unable to meet the rising demand for cash during Ramazan with dozens of automated teller machines (ATMs) reportedly running out of cash over the last two days.Banks are failing to provide the required volume of petty cash at their bran…

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